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Recent News

MTN Group Sells Jumia Shares
Equity gets Sh10.8bn for lending to SMEs
Google to Pay $1 Billion to News Publishers on Google News Showcase
KCB Boosts Schools Reopening With Up To Sh250mn Secured Loans
Kenyan Women Entrepreneurs to Benefit from Sh3.2bn White House Initiative
Bitcoin Trades higher After SEC Jay Clayton Commends Blockchain
Listing Loan Defaulters with CRBs Resumes
Greenlight Planet; A Solar Solutions Company Secures US$90 Million Investment
Harambee Sacco unveils Sh3b mortgage re-finacing facility for members
Tomoca Coffee Opens Shop at Two Rivers Mall

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Capital News

At least 83 killed in fighting in Sudan’s Darfur: medics January 17, 2021
Khartoum, Sudan, Jan 17 – Over 80 people have been killed in two days of ongoing clashes in Sudan’s restive Darfur, doctors said Sunday, just over two weeks since a long-running peacekeeping mission ended operations. The violence is the most significant fighting reported since the October signing of a peace agreement it was hoped would […]
COVID-19 positivity rate falls to 2.1pc as daily infections decline to 80 January 17, 2021
Nairobi remained the hardest hit county having recorded 62 cases followed by Meru and Kwale which registered four and three cases respectively.
Nations failing to fund climate adaptation: UN January 17, 2021
Paris, France , Jan 17 – The world is falling short of promises made under the Paris climate deal to help the most vulnerable nations deal with the increasingly devastating impacts of climate change, according to the United Nations. Adaptation — reducing the fallout among communities and increasing their capacity to deal with climate-related disasters such as […]
Uganda’s Bobi Wine still under ‘house arrest’ after poll: party January 17, 2021
Kampala, Uganda, Jan 17 – Ugandan opposition leader Bobi Wine remains under “house arrest”, his party said on Sunday, after a disputed election returned President Yoweri Museveni to office for a sixth term. The former ragga singer turned lawmaker came second in the presidential election, and has said the process was marred by widespread fraud […]
Death toll in clashes in Sudan’s Darfur rises to 48: state media January 17, 2021
Khartoum, Sudan, Jan 17 – Tribal clashes in Sudan’s restive Darfur killed at least 48 people, in the latest bout of violence to hit the region, state media reported Sunday. “The death toll from militia attacks in El Geneina yesterday (Saturday) reached 48,” the SUNA news agency said, referring to the capital of West Darfur state […]
Safety concerns emerge over planned acquisition of Turkish APCs in Sh7.7bn deal January 17, 2021
According to a whistleblower, the procurement board relied on “a doctored report” to approve the single sourcing of the APC’s from Turkey.
UN troops say retaken control of rebel-held C.African city January 17, 2021
Bangui, Central African Republic, Jan 17 –UN peacekeeping troops say they have retaken control of a city in the Central African Republic captured two weeks ago by armed groups waging an offensive against President Faustin Archange Touadera’s regime. Rebels abandonded their positions in Bangassou, 750 kilometres east of the capital Bangui, and fled the city following […]
China ready to suspend Kenya’s debt over COVID-19 pressure January 17, 2021
NAIROBI, Kenya Jan 17 – China has indicated its willingness to suspend Kenya’s debt as part of measures to help developing countries weather the COVID-19 storm. The Embassy in Nairobi said China stands ready to strengthen coordination with Kenya in its efforts to address debt challenges. “Africa’s need is always China’s concern,” the Embassy said, […]
Humbled Trump seeks warmer welcome in Florida January 17, 2021
Miami, United States, Jan 17 – President Donald Trump will leave Washington in disgrace next week, destined for a warmer welcome in Florida, where some supporters are so gung-ho they recently wrote his name on the back of a fat, lumbering manatee. Days after suffering the ignominy of a second impeachment, Trump will skip his […]
Man with gun arrested at Washington security checkpoint January 17, 2021
Washington, United States, Jan 17 – A man with a loaded handgun and more than 500 rounds of ammunition has been arrested in Washington at a security checkpoint near the US Capitol, authorities said. Wesley Allen Beeler, of Virginia, had driven to a checkpoint on Friday evening and tried to use a phony credential to access […]

Business Briefs

Fresh bid to overturn hiring of CDF Board chief executive
A Nairobi resident has challenged the appointment of Yusuf Mbuno as the CEO of National Government Constituency Development Fund Board.
Electricity fuel cost levy jumps to 13-month high
The fuel cost levy has hit a 13-month high, setting the stage for an increase in power bills for households and businesses grappling with the Covid-19 economic fallout.
UAP beats CIC to claim top spot in general insurance
UAP Insurance Company has overtaken CIC and APA insurance firms to become the top general insurer as measured by the amount of gross written premiums.
UK ends 3-year probe into BAT bribery scandal
Cigarette maker BAT had been accused of bribing Kenyan officials in order to stifle anti-smoking laws and collect business intelligence on rivals.
BIKO INTERVIEW: The women who built me
Kennedy Osano's is a story of how organisations can nurture a messenger/cleaner to become an executive.
Fuel cost climb puts pressure on farmers
Farmers, poor households and transporters are set to feel the pinch after the prices of diesel and kerosene jumped substantially on rising costs in the international crude market.

Business Uganda

Nabwire runs people’s errands for a little price
We all seem to be increasingly busy these days. When life gets hectic, responsibilities may get forgotten.
There is hope for trade at Nimule-Elegu border
We have supported South Sudan to strengthen its integration within the East African Community
Agriculture will be most resilient sector, says World Bank
“Notwithstanding Covid-19 disruptions, coffee export reached the highest level in July 2020"
Fintechs in Shs666b daily losses as govt shuts internet
More than 300 million transactions, which are estimated to be worth Shs666b, are conducted through the Fintechs system on a daily basis

Business Tanzania

Isuzu challenged to open car assembly plant in Tanzania
Works and Transport deputy minister Godfrey Kasekenya has challenged Isuzu Automotive Company to establish a vehicle assembling plant in the country, assuring them favourable business environment.
An expert on delivering exceptional customer services
After 40 years focused solely on customer services, I continue to devote my time and energy to helping businesses create a services culture. I have written hundreds of articles, developed over 20 customer service programmes that are focused on Customer Services - plus: I just released ‘Relentless,’ my 8th customer service book.
Should wood charcoal business be formalized?
The National Development Corporation (NDC) and a private company, Edosama, are working on a project to formalise the wood charcoal business in Tanzania. This is in bona fide efforts to protect the country’s forest cover and avert disastrous effects of climate change.
Bank of Tanzania approves appointment of BOA board chairman
Bank of Tanzania has approved the appointment of Dr. Nyamajeje Calleb Weggoro as chairman of board of directors and non-executive director of Bank of Africa, Tanzania, the regulator has said.

Business Rwanda

Meet entrepreneur producing Made-in-Rwanda baby wear
Author(s): Donah MbabaziPersonal struggles and experiences can often be a great basis to set up a business as one has an understanding of the pain points in the
Rwanda’s horticultural exports meet demand in Dubai
Author(s): Emmanuel NtirenganyaConsumers flocking one of the biggest Carrefour outlets at the Mall of Emirates in Dubai appreciated
From Rwf7, 000 capital to Rwf200m enterprise: young entrepreneur’s journey
Author(s): Michel NkurunzizaMany students go to school with pocket money but few ever thought that they can save some of it to start up a venture.
What support do artisans require to grow Made-in-Rwanda products?
Author(s): Michel NkurunzizaCrafts producers and artisans have joined the efforts to increase the Made-in-Rwanda products despite challenges limiting their productio

Business Ghana

The turf-war between the elephant and hyena – In Ghana’s hydrocarbons jungle
Ghana’s upstream petroleum industry, which is one of the fast evolving industries in the country, in a little over a decade of oil production, is witnessing a turf-war which could best be described as a “romance” between the elephant and the hyena in the jungle of hydrocarbons. The situation follows orders by the Ministry of […]
GSA maintains fees to bring relief to importers and traders
The Ghana Standards Authority (GSA) has agreed to maintain its old fees for the registration of importers. This agreement was reached after a consensus-building meeting jointly organised by the National Standards Body and the Ghana Shippers’ Authority on Thursday January 14, 2012, for industry players such as importers and exporters, traders and other members of […]
Contractors demand government settles GH¢1.8 billion indebtedness
The Ghana Chamber of Construction Industry (GhCCI) has asked government to honour its many promises to settle its indebtedness to its members without further delay. The Chamber’s CEO Emmanuel Cherry, who says government’s indebtedness of about GH¢1.8 billion is alarming for the fledgling industry, also likened the effects of the non-payment of executed works on […]
Cedi posts election-year milestone
The cedi broke its own record last year by weathering the perennial pressures and anxieties associated with elections to post a depreciation rate that is the healthiest in all election years since 2004. It shed 3.9 per cent of its value to the US dollar last year, compared to the past three election years when […]

Business Nigeria

FMDQ admits CPs of Total, two others on platform
FMDQ Securities Exchange, through its board listing and markets committee, has approved the quotation of the Total Nigeria Plc's ₦2.25 billion Series 1, and ₦12.75 billion series two commercial papers The post FMDQ admits CPs of Total, two others on platform appeared first on The Guardian Nigeria News - Nigeria and World News.
Investors’ appetite for high dividend stocks pushes index by 2.63%
The nation's stock market closed transactions for the second trading week of the year on a high note, as the market continued to record an early boom, following investors' The post Investors’ appetite for high dividend stocks pushes index by 2.63% appeared first on The Guardian Nigeria News - Nigeria and World News.
Stagflation and how to tame Nigeria's misery index
The headline inflation has grown consistently in the past 15 months to hit 15.75 per cent in December. The last time the index reached and exceeded its current figure was December 2018. The post Stagflation and how to tame Nigeria's misery index appeared first on The Guardian Nigeria News - Nigeria and World News.
Experts seek tough regulatory policies to drive insurance growth
Experts in the insurance industry have called on the government to create stronger regulatory policies and enforce existing ones to stimulate growth in the industry. The post Experts seek tough regulatory policies to drive insurance growth appeared first on The Guardian Nigeria News - Nigeria and World News.

Business Zim

Mineral exports surge 27pc to surpass target
Zimbabwe’s mineral exports, excluding gold and silver, for the year 2020 surged by 27 percent, earning the country US$2,4 billion, the Minerals and Marketing Authority of Zimbabwe (MMCZ) has said.
Investments in agriculture yield dividends
Government has lined up several irrigation infrastructure projects this year as part of efforts to boost crop production and achieve food security.
China’s imports of African agric products still flourishing
China’s imports of agricultural products from African countries expanded 4,4 percent year-on-year in the first 11 months of 2020, marking four consecutive years of positive growth, according to the Ministry of Commerce (MOC). In the first 11 months of last year, the bilateral trade volume of the two sides reached US$167,8 billion, MOC spokesperson Gao […]
Biden’s US$1,9 trillion plan could wreck Wall Street’s plans
President-elect Joe Biden’s extensive US$1,9 trillion stimulus plan to combat the effects of the Covid-19 pandemic may supercharge economic growth, but also send Wall Street’s favourite five tech stocks known as FAANG into a short-term price slumber.

Business Africa

Recent Posts

MTN Group Sells Jumia Shares November 5, 2020
Equity gets Sh10.8bn for lending to SMEs October 6, 2020
Google to Pay $1 Billion to News Publishers on Google News Showcase October 6, 2020
KCB Boosts Schools Reopening With Up To Sh250mn Secured Loans October 6, 2020
Kenyan Women Entrepreneurs to Benefit from Sh3.2bn White House Initiative October 6, 2020

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MTN Group Sells Jumia Shares

November 5, 2020November 5, 2020 by onlinecash

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Equity gets Sh10.8bn for lending to SMEs

October 6, 2020October 6, 2020 by onlinecash

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KCB Boosts Schools Reopening With Up To Sh250mn Secured Loans

October 6, 2020October 6, 2020 by abemartinson216

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Recent Posts

MTN Group Sells Jumia Shares
Equity gets Sh10.8bn for lending to SMEs
Google to Pay $1 Billion to News Publishers on Google News Showcase
KCB Boosts Schools Reopening With Up To Sh250mn Secured Loans
Kenyan Women Entrepreneurs to Benefit from Sh3.2bn White House Initiative
Bitcoin Trades higher After SEC Jay Clayton Commends Blockchain

MTN Group Sells Jumia Shares

November 5, 2020

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Equity gets Sh10.8bn for lending to SMEs

October 6, 2020

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Google to Pay $1 Billion to News Publishers on Google News Showcase

October 6, 2020

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KCB Boosts Schools Reopening With Up To Sh250mn Secured Loans

October 6, 2020

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